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    704 Pearl St Menands, NY 12204

    Sponsored
    For Sale
    $499,900

    Prime 0.23-acre Menands location. High potential investment.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property, located at 704 N Pearl St Unit 704 in Menands, NY, presents a unique investment opportunity. Situated on a sizable 0.23-acre lot, this "Other" property type offers significant potential for a variety of commercial uses. The asking price is $499,900. The property's precise square footage is currently unavailable, however, the substantial lot size suggests ample space for development or expansion. Its Menands location offers easy access to major transportation routes, providing excellent connectivity for businesses. The property's versatility makes it suitable for a range of commercial ventures, from retail to office space, or potentially even a mixed-use development. Given the strategic location and the size of the land parcel, this property represents a compelling investment prospect for those seeking a foothold in the thriving Menands commercial market. Further due diligence is encouraged to fully assess the property's potential and suitability for specific business plans. Interested parties should conduct their own independent investigation to confirm all aspects of the property and its suitability for their intended use. The property is offered as-is.

    Property Features for 704 Pearl St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    10,019 SF

    Building Details

    Year Built
    1920
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Menands
    County
    Albany
    State
    New York
    Longitude
    -73.73717
    Latitude
    42.67763

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 0.23-acre Menands location. High potential investment.
    Where is this commercial real estate located?
    The property is located at 704 Pearl St Menands, NY.
    What is the asking price?
    The asking price for this property is $499,900.
    (518) 724-6800
    Request Owner's contact information
    704 Pearl St Menands, NY 12204
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    Menands, NY 12204
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    704 Pearl St Menands, NY 12204
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